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Wheaton 60187
427 S Gables Boulevard
$276,000
● House - Off Market

427 S Gables Boulevard

Wheaton, IL 60187
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$258,037
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

INVESTMENT OPPORTUNITY!! *MULTIPLE OFFERS RECEIVED; HIGHEST AND BEST DUE BY 5PM 10/2*   A chance to renovate, flip, or rent-out in wonderful Wheaton! This cape cod home has had the same owner since it was custom built in 1954. It needs lots of love and can be renovated to your own style. A beautiful lot with mature black maple trees on the most charming street! 4 nicely sized bedrooms and 2 full baths. First floor Master. Full Basement. Newer stainless steel appliances and washer/dryer. Shed for storage in backyard. This home does not have a garage but room to build in back. Come and see! The seller is motivated for a quick close!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$136
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11889377)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Sep 28, 2023 Listed by @properties Christie's International Real Estate $259,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,373
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 133
  • Lot Size Frontage Feet: 54
  • Total Building Area: 3,274
  • Gross Building Area: 3,274
  • Building Area: 3,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,274
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KNOLLWOOD
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: KNOLLWOOD B N 54.3 FT OF S 271.5 FT

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842605

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-B7
  • Parcel: 05-17-322-007
  • Block: 1
  • Lot: 3
  • Municipality: MILTON
  • Latitude: 41.8611
  • Longitude: -88.1222

    Address

  • Full Address: 427 S Gables Blvd
  • Address - House Number: 427
  • Street Direction: S
  • Address - Street Name: Gables
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C014
  • 4-Digit Zip Code: 4725
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $734,508
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 448,960
  • High Value: 519,530
  • Low Value: 378,390

    Market Valuation

  • Market Total Value: $351,180
  • Market Land Value: $70,050
  • Market Improvement Value: $281,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,060
  • Assessed Land Value: $23,350
  • Assessed Improvements Value: $93,710

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70643
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wheaton

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1803 ft²

Average Home Age

54.5 years

Currently For Sale

78 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 319 Shirley Court, Wheaton, IL, 60187

$3,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,262 ft²
319 Shirley Court, Wheaton, IL, 60187 Listing by Brooke Oswald

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Suzanne Pesce, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11889377
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 427 South Gables Boulevard built and last sold?
The property at 427 South Gables Boulevard was built in 1954 and last sold on Oct 30, 2023 for $276,000.
How much is this home worth?
The estimated value of the home located at 427 South Gables Boulevard is $277,343.
What are some comparable homes to 427 South Gables Boulevard?
There are currently no comparable homes to 427 South Gables Boulevard.
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